Right Time To Buy Real Estate? Florida Housing Market Uncertainty at Three-Year High

75% of prospective buyers expect home prices and interest rates to fall and are waiting

BREVARD COUNTY, FLORIDA — For the first time in three years, the central Florida housing market is becoming more buyer favorable, but uncertainty about how the changes will progress is high. 

Daytona’s median home prices have slightly dipped, and listings are staying on the market longer, according to data from Rocket, making the market favor homebuyers. This is a stark difference from how the market looked this time last year.

New data from Bank of America’s 2025 Homebuyer Insights Report reveals that current homeowners and prospective buyers are feeling increasingly uncertain about the state of the housing market.

Notably:

● 60% of homeowners and prospective buyers say they can’t tell whether now is a good time to buy a home or not, a three-year peak in housing market uncertainty.

● 75% of prospective buyers expect home prices and interest rates to fall and are waiting until then to purchase a home.

● In 2025, 30% of Gen Z homeowners reported that they paid for their down payment by taking on an extra job, compared to 28% in 2024 and 24% in 2023.

● 62% of current homeowners and prospective buyers are concerned about the impact of severe weather when it comes to homeownership.

CLICK HERE to explore more resources for homebuyers in East Central Florida, and to find practical tips to help assess whether now is the right time to buy a home and how to get started on the homebuying journey.

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